Senior Actuarial Analyst / Actuary- US Cyber and Financial Lines

Description Looking to make an impact on a dynamic portfolio labeled a “Strategic Priority” for Liberty Mutual? The NAS Financial Lines and Cyber team is looking for a dedicated individual to lead pricing for the NAS Cyber Portfolio and support other Financial Lines products. This front-line role works directly with Underwriting, Claims, Data Science, and aligned Global partners to evaluate current portfolio profitability, determine optimal strategies for growth, and assess adequate pricing-levels. Show initiative and show up for a team that plans to almost double premium over the next five years. We are open to fill as a Senior Actuarial Analyst (Grade 16) or an Actuary (Grade 18) depending on candidate experience.

• Supporting pricing of and become a trusted advisor to US Cyber and Financial Lines profit centers for North America Specialty.
• Portfolio analysis : in-depth reviews of the portfolio’s composition and profitability; participation in discussions with lead Underwriters and Claims personnel regarding profitability and strategic direction; clear communication of results of actuarial analyses to underwriters, finance, management, and claims personnel
• Rating models : support implementation of Global Cyber rating model, maintenance and enhancement of existing models and development of new models as necessary, including periodic data-driven reviews of pricing parameters
• Develop a consistent set of monitoring tools to assess the profitability of the business with a goal to provide timely and actionable insights
• Integration of analytical models into actuarial analyses to drive business profitability
• Participation in the reinsurance placement process as necessary
• Responding to ad hoc analysis requests from Underwriting, Claims, IT, and senior management
• Retrieves, understands and manipulates data as it relates to assigned and related projects while maintaining clear and concise documentation of methods and activities.
• If applicable, positive progress towards pursuing and passing of required actuarial exams.

Qualifications

• Bachelor's degree required; Master’s degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS / FCAS) or in Society of Actuaries (ASA / FSA) designation preferred or comparable education / designation with relevant experience.
• Minimum 5-7 years relevant experience required.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, with ability to build complex models.

About Us

Pay Philosophy : The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and / or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit : Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices Need help finding the right job? Apply tot his job Apply To this Job